Explanation
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23852. (Read 26712687 times)
January 03, 2015, 03:00:13 AM
January 03, 2015, 02:20:30 AM
So at what point do the avid early adopters stop smirking "Bitcoin is doing just fine." and "Quiet you! I bought at $30, blah blah blah" and start to recognize that there may be a serious problem here with apathy and lack of adoption going on?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin anymore starts to set in?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin anymore starts to set in?
Its price is not a very relevant factor in its adoption....
Hilarious.
January 03, 2015, 02:19:42 AM
Cheap coins! 😆
January 03, 2015, 02:18:30 AM
still remembered the 30k BTC sell wall at $300 that got gobbled up ......
the support at $300 should be quite strong.
It seems a lot of volume rushes in at these levels. That being said, there will be no slowdown in production till 2016.
I can imagine a scenario where the persistent, relentless selling from institutional miners will discourage bag holders who got in recently (within the last year) and they could indeed dump their bags and make a bad situation worse.
It's like a war of attrition. What will run out first? Supply of new coins from sellers incentivized to sell at almost any price? Or supply of fiat from buyers who believe in the long term success of bitcoin?
This could be a long and ugly battle.
January 03, 2015, 02:17:50 AM
Where is the cheap coins party?
Everyone gobbling up these honeys?
Everyone gobbling up these honeys?
January 03, 2015, 02:00:14 AM
January 03, 2015, 01:57:15 AM
So at what point do the avid early adopters stop smirking "Bitcoin is doing just fine." and "Quiet you! I bought at $30, blah blah blah" and start to recognize that there may be a serious problem here with apathy and lack of adoption going on?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin anymore starts to set in?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin anymore starts to set in?
Its price is not a very relevant factor in its adoption....
OMG LOL
does what I said seem absurd? Last year major players adopted while its price fell and fell....
While other major players (and early adopters) sat back and laughed and laughed. I remember
January 03, 2015, 01:54:54 AM
still remembered the 30k BTC sell wall at $300 that got gobbled up ......
the support at $300 should be quite strong.
January 03, 2015, 01:54:49 AM
So at what point do the avid early adopters stop smirking "Bitcoin is doing just fine." and "Quiet you! I bought at $30, blah blah blah" and start to recognize that there may be a serious problem here with apathy and lack of adoption going on?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin any more starts to set in?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin any more starts to set in?
Hmmm, good question...
Below 275 - surprised, but not astonished
Below 200 - some hesitation and doubt and worry
Below 100 - outright disbelief, I'd probably be paralyzed at this price and unable to act
Below 50? I'd probably throw another couple grand at it just in case it doesn't die
January 03, 2015, 01:54:13 AM
Long Term trendline currently sits at about 290, we'll need to see a nice bounce off these levels
There hasn't been fantastic volume on the sell side as of yet (so I have still have hope!)
There hasn't been fantastic volume on the sell side as of yet (so I have still have hope!)
January 03, 2015, 01:51:59 AM
January 03, 2015, 01:48:54 AM
So at what point do the avid early adopters stop smirking "Bitcoin is doing just fine." and "Quiet you! I bought at $30, blah blah blah" and start to recognize that there may be a serious problem here with apathy and lack of adoption going on?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin anymore starts to set in?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin anymore starts to set in?
Its price is not a very relevant factor in its adoption....
OMG LOL
does what I said seem absurd? Last year major players adopted while its price fell and fell....
January 03, 2015, 01:48:44 AM
Bitcoin: so worthless people are giving them away for free at $300 each.
But like you said, price is irrelevant. At this rate they'll be giving them away for $10 very soon, but no one will really care then either.
January 03, 2015, 01:48:37 AM
good idea to go long now?
January 03, 2015, 01:47:52 AM
So at what point do the avid early adopters stop smirking "Bitcoin is doing just fine." and "Quiet you! I bought at $30, blah blah blah" and start to recognize that there may be a serious problem here with apathy and lack of adoption going on?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin anymore starts to set in?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin anymore starts to set in?
Its price is not a very relevant factor in its adoption....
OMG LOL
Mass delusion should wear off any second now...
January 03, 2015, 01:47:25 AM
It was the midnight dumpers at work again.Vacation must be over. ;-)
(psst for some people, it's daytime)
Ha I realize that, but for me the big dumps all seem to happen between midnight and 5 am my time. Just my pet name for them.
January 03, 2015, 01:47:02 AM
Bitcoin: so worthless people are giving them away for free at $300 each.
January 03, 2015, 01:44:46 AM
holy shit!
January 03, 2015, 01:44:10 AM
So at what point do the avid early adopters stop smirking "Bitcoin is doing just fine." and "Quiet you! I bought at $30, blah blah blah" and start to recognize that there may be a serious problem here with apathy and lack of adoption going on?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin anymore starts to set in?
Say, at $200? $100? $50? How low does it have to go before the realization that no one gives a shite about bitcoin anymore starts to set in?
Its price is not a very relevant factor in its adoption....
/facepalm
January 03, 2015, 01:44:06 AM
It was the midnight dumpers at work again.Vacation must be over. ;-)
(psst for some people, it's daytime)
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